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BHASKAR LAXMINARAYAN
Global money managers select India as their 'top pick' in EM space; here's whyGlobal money managers see India in a much better position than other emerging market peers, supported by stable currency.
India top pick in EM space globally; China weighing on market sentiment: Bhaskar Laxminarayan"Markets tend to move in tandem. Therefore when there is sentiment factor, there is flow factor, these obviously impact all markets."
China devalues yuan - a threat or an opportunity for India markets?China's surprise move last week to weaken the yuan by about 2 per cent stirred equity as well as currency markets globally.
Sensex ends 100 points up, Nifty below 8,500; Amtek Auto cracks 36%Snapping a two-day losing streak, the S&P BSE Sensex rose 100 points, or 0.36 per cent, to settle the day at 27931.64.
Sensex up over 150 points, Nifty above 8,500; top 20 trading ideasThe S&P BSE Sensex reversed its intraday losses and was up over 150 points in trade on Wednesday shrugging off muted trends.
Sensex up over 150 points, Nifty above 8,450; JP Infratech up 8%, Mastek 3%The S&P BSE Sensex reversed its intraday losses and was up over 150 points in trade on Wednesday shrugging off muted trends.
India is a structural story; overweight on India currently: Bhaskar Laxminarayan, Pictet Wealth Management'India is a structural story despite what might be happening right now in terms of some earnings and sectoral disappointments.'